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Data Patterns (India) Limited — Regulatory Filings 2023
Aug 8, 2023
59610_rns_2023-08-08_596a3f9e-6d97-4313-869c-f11239462465.pdf
Regulatory Filings
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SEC/SE/042/2023-24 Date: August 08, 2023
| To National Stock Exchange of India Limited Exchange Plaza, Bandra Kurla Complex, Bandra(E), Mumbai -400051 NSE Symbol- DATAPATTNS |
To BSE Limited 25thFloor, P.J. Towers, Dalal Street, Mumbai- 400 001 Company Code: 543428 |
|
|---|---|---|
Sub: Submission of the Statement of Deviation pursuant to Regulation 32 for the quarter ended June 30, 2023 as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby confirm that there is no deviation or variation in the use of proceeds, from the objects stated in the Letter of Offer for Intial Public Offer and Placement Document for Qualified Institutional Placement of the Company. A statement confirming that there is no deviation or variation in the utilisation of these proceeds is attached.
You are requested to take the above on record and oblige.
Thanking you
For Data Patterns (India) Limited
Digitally signed by R PRAKASH DN: C=IN, O=Personal, T=9128, OID.2.5.4.65= R 133283683385699836vi1gMV9CPrTc5k, Phone= d455dbf58e115c699d1cb8053d36d3b75471 67fd76fac39fdb0e4ed68481ea8a, PRAKA PostalCode=600056, S=Tamil Nadu, SERIALNUMBER=1b19a13c76cd9d9f071e99f95fc6c0d7faf39ec 674abf4165f87d30c29e11eb3, CN=R PRAKASH Reason: I am the author of this document Location: SH Date: 2023.08.08 18:52:05+05'30'Foxit PDF Reader Version: 12.1.3 Prakash R Company Secretary and Compliance Officer Membership No. A34652
Encl: as above
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General information about company Scrip Code* 543428 NSE Symbol DATAPATTNS MSEI Symbol NA ISIN INE0IX101010 Name of the listed entity Data Patterns (India) Limited No. of times funds raised 2
| IPO | IPO |
|---|---|
| Mode of Fund Raising | Public Issues |
| Description of mode of fund raising (Applicable in case of others is selected) |
|
| Date of Raising Funds | 24-12-2021 |
| Amount Raised (in Rs. Crores) | 300.000 |
| Report filed for Quarter ended | 30-06-2023 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | HDFC Bank Ltd |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders |
|
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | |
| Comments of the Audit Committee after review | NIL |
| Comments of the auditors, if any | NIL |
Objects for which funds have been raised and where there has been a deviation, in the following table:
| Sr. | Original Object | Modified Object, if any | Original Allocation |
Modified allocation, if any |
Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object |
Remarks if any |
|---|---|---|---|---|---|---|---|
| 1 | Prepayment or repayment of outstanding borrowings availed by our Company |
NIL | 60.080 | 0.000 | 60.080 | 0.000 | |
| 2 | Working capital requirements (Including Dividend Payment) |
NIL | 95.190 | 0.000 | 66.680 | 0.000 | |
| 3 | Upgradation and expansion of existing facility | NIL | 59.840 | 0.000 | 39.251 | 0.000 | |
| 4 | General Corporate purposes | NIL | 66.310 | 0.000 | 65.080 | 0.000 |
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QIP
Mode of Fund Raising QIP
Description of mode of fund raising
(Applicable in case of others is selected)
Date of Raising Funds 13-03-2023
Amount Raised (in Rs. Crores) 499.990
Report filed for Quarter ended 30-06-2023
Monitoring Agency Applicable
Monitoring Agency Name, if applicable ICRA
Is there a Deviation / Variation in use of funds raised No
If yes, whether the same is pursuant to change in
terms of a contract or objects, which was approved by
the shareholders
If Yes, Date of shareholder Approval
Explanation for the Deviation / Variation
Comments of the Audit Committee after review NIL
Comments of the auditors, if any NIL
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Objects for which funds have been raised and where there has been a deviation, in the following table:
| Sr. | Original Object | Modified Object, if any | Original Allocation |
Modified allocation, if any |
Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object |
Remarks if any |
|---|---|---|---|---|---|---|---|
| 1 | Funding working capital requirements of our Company | NIL | 168.000 | 0.000 | 109.200 | 0 | |
| 2 | Investment in product development by our Company | NIL | 167.238 | 0.000 | 0.000 | 0 | |
| 3 | Repayment/ prepayment, in full or part, of certain borrowings availed by our Company |
NIL | 25.000 | 0.000 | 25.000 | 0 | |
| 4 | Funding capital expenditure towards setting up an EMI-EMC Testing Facility |
NIL |
15.230 | 0.000 | 2.452 | 0 | |
| 5 | Funding acquisition of land (including building) |
NIL | 7.750 | 0.000 | 0.000 | 0 | |
| 6 | General corporate purposes | NIL | 104.510 | 0.000 | 89.114 | 0 |
| Signatory Details | Signatory Details |
|---|---|
| Name of signatory | Prakash Raja |
| Designation of person | Company Secretary and Compliance Officer |
| Place | Chennai |
| Date | 08-08-2023 |